Utah § 6-1-12 Time for disposing of property.

Utah Statutes

§ 6-1-12 — Time for disposing of property.

Utah § 6-1-12

Title 6Assignment for Benefit of Creditors

Ch. 6-1General Provisions Relating to Assignment for Benefit of Creditors

This text of Utah § 6-1-12 (Time for disposing of property.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 6-1-12 (2026).

Text

The assignee shall dispose of all personal property and divide the proceeds of the same among the creditors as they may be entitled thereto within six months from the date of the assignment, unless further time is given for good cause by the court, and shall dispose of real estate within one year from such date, and make full settlement by that time, unless the court or judge, for good reason shown, shall extend the time therefor.

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The assignee shall dispose of all personal property and divide the proceeds of the same among the creditors as they may be entitled thereto within six months from the date of the assignment, unless further time is given for good cause by the court, and shall dispose of real estate within one year from such date, and make full settlement by that time, unless the court or judge, for good reason shown, shall extend the time therefor.